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Author Topic: What should i do after buying bitcoin  (Read 1565 times)
newguy05
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February 19, 2018, 08:51:23 PM
 #21

The question should be when do you need that 20kusd? The answer must be you do not need it for a long run otherwise you have a problem. The fluctuation is so high so it is a risk for you, to be careful.

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1714720241
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February 19, 2018, 08:51:47 PM
 #22

Join campaign to have more kinds of coins, your bitcoin will be lonely on your wallet.
Since it's too small for trading just convert it to ETH and buy some coins that might give you an bigger opportunity in the future rather than just keeping it on your wallet.

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February 19, 2018, 08:53:27 PM
 #23

Try learning how to trade so you can grow your btc if you thinking trading is not something you can do then just keep your btc in paper wallet then go back to your old life . Check once a month if you like.

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February 19, 2018, 08:56:21 PM
 #24

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

What OmegaStar suggested is totally risk free. Come back two years later, then you might see some gains.

But if you want to take little risk then invest in a cheap altcoin and then forget about it for a couple of months.
Now I see Electroneum (ETN) is very cheap now. And they may be listing ETN in hitbtc exchange very soon, so later you may get some more profit along with btc gain.

Though you should do your own research before investing, don't take my advice into consideration.
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February 19, 2018, 08:58:04 PM
 #25

Store it on a paper wallet! If you want to buy altcoins you are going to need more than   20$ of bitcoin. Because many exchanges have a fixed minimum of coins (e.g. 1 NEO coin) before they allow a withdrawal!

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February 19, 2018, 09:05:44 PM
 #26

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy
I don't know if you are just trolling here but that $20 amount of Bitcoin is too small and even Bitcoin double its price you will only gain small amount of money, if you really want to make good profit then try to buy/invest more in Bitcoin and just hold it and wait for the price to go up then sell it when you feel that you've got enough gains or if you are interested on learning how to trade it with altcoins then there is a chance for you to make a profit, just remember to do your research before trading, but with $20 you won't be able to do that.
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February 19, 2018, 09:07:53 PM
 #27

A start is a start. Best thing you can do is to make sure you have it on a wallet that you have the keys for.
Second - sit back and forget about it the last thing you want is to experience the emotional roller coaster of high and low values.
Try to add to it when you can afford to and maybe look into some alts with promise.  

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February 19, 2018, 10:05:00 PM
 #28

You have 2 ways to use your bitcoin.
- To bitcoin on a hard wallet and then close it for several years to open and enjoy the results, that is the safest way.
- You can use bitcoin to trade, invest ICO, Masternode, starking. But remember to prepare yourself for good knowledge before you decide to invest because if you do not have the knowledge in this market you are no different than gambling.
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February 19, 2018, 10:11:21 PM
 #29

$20 value of bitcoin is very small for now but you can hold it for long term investment because bitcoin now is rising to $11k USD.
You can also do a short term trading using that by buying altcoins and trade it when the market goes up and down.

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February 19, 2018, 10:16:35 PM
 #30

After I buy bitcoin I will keep it for some time and if then bitcoin price goes up then I will take action to sell partly for the requirement and rest remain I will hold until target price reach high Wink
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February 19, 2018, 10:19:31 PM
 #31

Try learning how to trade so you can grow your btc if you thinking trading is not something you can do then just keep your btc in paper wallet then go back to your old life . Check once a month if you like.
Watch the market and analyze if the price already increases from the price you buy for you to be able to gain profit when you want to sell it already. Better to hold you coins, save on your wallet for long time which is more profitable. Learn the rule of being a trader.

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February 19, 2018, 10:41:22 PM
 #32

$ 20 is a small amount, I suggest you hold it, or you can buy more bitcoin. because bitcoin in this year will reach $ 50000 price.
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February 19, 2018, 11:14:36 PM
 #33

I think investing $20 is too little to seriously think about making significant profits from it. I remember that when I was just starting out in the online investment business, an expert advisor told me that in order to start a serious career as an investor, the minimum starting capital should be $100,000, although $50,000 could be useful. Therefore I think that you should make an extra effort to gather a capital that is worth the excessive stress caused by the arduous trading sessions, my friend.
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February 19, 2018, 11:21:50 PM
 #34

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

$ 20 is too small to invest in Bitcoin. I recommend switching to altcoin or ICO investment, the profitability will be better than spending in Bitcoin at this time when the exchange rate of the entire cryptos is in the trend of recovery. Some of the altcoins you can refer to are ETH, QTUM, LTC, NEO.

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February 19, 2018, 11:23:59 PM
 #35

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

Hold it until the price hike in the market or you can use it to buy and sell altcoins, but before you do it the buy & sell you need to lear the strategy how to trade in cryptocurrency. For now i reccomend to you hold your bitcoin until you are knowledgeable how to use it in proper ways.
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February 19, 2018, 11:26:49 PM
 #36

I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. Cheesy

           Maybe if you want to invest in bitcoin for long term you need to buy more now,bitcoin is waving at you. $20 is too small but if you know how to trade you can use it to make more profit through altcoins.
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February 19, 2018, 11:28:27 PM
 #37

20$ is not a big amount of money, thus, few things you can do with it.
Try trading, maybe you will get lucky and win a good a good amount by choosing the winning horse, some tokens can increase by 500% or 600% in one day.
If you are new to the cryptocurrency world use them to learn how to make transactions and set the appropriate fee and decide which wallet suits you best.

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February 19, 2018, 11:33:55 PM
 #38

You can now keep that simple money in your wallet and raise more money until you see the amount that will help you in your career and when you see that the amount you've collected is good for investment, you can invest more bitcoins and in the month- month you will get more than what you want.
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February 20, 2018, 12:02:55 PM
 #39

You have to follow up price of btc so you should hold or sell btc so you can earn a big money
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February 20, 2018, 12:10:25 PM
 #40

You have to follow up price of btc so you should hold or sell btc so you can earn a big money

In order to make money from it you need to sell them at some point. After all if you are into trading then you would like to recycle the money during pumps and dumps in order to take full advantage of them and grow your money gradually that way. Sell at pump and then buy at dump.

You can now keep that simple money in your wallet and raise more money until you see the amount that will help you in your career and when you see that the amount you've collected is good for investment, you can invest more bitcoins and in the month- month you will get more than what you want.

Simple collecting bitcoin is not a method to make money. The diversification of modes of money into fiat equity stocks and crypto in not in equilibrium and crypto is a very small fraction of all of these. Its important to sell and buy more at dumps than simply collecting bitcoin.

R


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